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$659,000
Est. payment /mo
4 Beds
3 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $439
Subdivision 451 - Downtown
MLS® Listing ID X12181783
Bedrooms 4
Source Niagara Association of REALTORS®
Property Description
WELCOME TO YOUR NEXT BEST INVESTMENT OPPORTUNITY! WHETHER YOU'RE A NEW INVESTOR OR SEASONED INVESTOR LOOKING TO ADD TO THEIR PORTFOLIO, THIS PROPERTY IS SURE TO BE A GREAT ASSET! LOCATED JUST OUTSIDE OF DOWNTOWN ST.CATHARINES BETWEEN ONTARIO STREET AND LAKE STREET. THIS PROPERTY IS SITUATED IN A VERY CONVENIENT LOCATION- CLOSE TO QEW & 406, GROCERY STORES, SCHOOLS, RESTAURANTS, AND ENTERTAINMENT. CURRENTLY THE PROPERTY IS BEING OPERATED AS A DUPLEX WITH GREAT TENANTS! THE BASEMENT HAS A SEPARATE WALK OUT WHERE YOU COULD ADD A THIRD UNIT IN THE BASEMENT. CITY OF ST.CATHARINES OFFERS UP TO $80,000 GRANT TO ADD UNITS TO A PROPERTY AND THIS COULD BE A GREAT PROGRAM TO IMPLEMENT INTO THIS PROPERTY. CURRENTLY THE PROPERTY GENERATES $3150 PER MONTH AS IS. PLUS WITH ALL THE NEW DEVELOPMENTS THAT ARE PLANNED TO COME TO ST.CATHARINES, YOU CAN BE REST ASSURED THE EQUITY VALUE WILL BE A GREAT BONUS IN YEARS TO COME. PLEASE BE RESPECTFUL WITH SHOWINGS- PLEASE PROVIDE MINIMUM 24 HOUR NOTICE FOR ALL SHOWINGS. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.3 m X 3.5 m Bedroom
Extra Room 2 Second level 3.5 m X 3.3 m Bedroom 2
Extra Room 3 Second level 4.3 m X 3.3 m Living room
Extra Room 4 Second level 3 m X 2.7 m Kitchen
Extra Room 5 Basement 4.6 m X 2.7 m Bedroom
Extra Room 6 Basement 3.7 m X 5 m Family room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE